Fuel crisis requires "immediate solution," says ATA president

09/11/2008 | GlobalHotelNetwork.com

"Congress has a responsibility," writes Air Transport Association CEO James May in a hotel-industry editorial, "not only to the public but also to the travel and tourism industry in America, to come together in a bipartisan manner to find an immediate solution to our nation's energy crisis." With fuel recently accounting for 40% of the cost of an airline ticket, May stresses the dire situation facing not only airlines but also other travel and tourism sectors. "The unprecedented 71 percent year-over-year increase in the price of jet fuel, combined with a softening global economy, threaten the viability of our nation's airlines and leave our customers facing higher ticket prices, new fees and sharply reduced levels of air service."

View Full Article in:


Published in Brief:

SmartBrief Job Listings for Transportation